On 27 April the United States Senate Foreign Relations Committee approved the Foreign Relations Authorization Act, which included policy language on extractive industry transparency. The relevant text of the Act stating the Sense of Congress relating to transparency for extractive industries is pasted below. The bill will now be referred to the Senate floor for consideration.

<p>The US Commission on Security and Cooperation in Europe (US Helsinki Commission) said 22 April that the Extractive Industries Transparency Initiative (EITI) is a model for addressing the challenges seen when governments receive a windfall of revenue from their resources but fail to pass that benefit to their citizens. At the Commission’s hearing 22 April the link between revenue transparency and human rights was explored.</p> <p>Senator Benjamin Lugar Cardin (D-MD),

Moberg will discuss the current status and future of this voluntary initiative. His remarks will be followed by comments from Paulo de Sa Manager, Oil, Gas and Mining Policy Division. The World Bank provides funds and technical assistance to some of the countries implementing EITI.

The Extractive Industry Transparency Initiative (EITI) aims to increase the transparency of payment made by the oil,

This hearing will focus on programs that support revenue transparency such as the Extractive Industries Transparency Initiative (EITI) and their ability to improve human rights in resource-rich countries. One of the hallmarks of EITI is the equal seat that civil society is given at the table with government and industry through the multi-stakeholder working group. Questions remain, however, as to the real role civil society is being allowed to play,

US Secretary of State Hillary Clinton said on her visit to Liberia that President Sirleaf's administration is taking action to increase transparency with a strong Anti-Corruption Commission at the center of efforts to rebuild from years of civil war.

"Today, Liberia is a model of successful transition from conflict to post-conflict, from lawlessness to democracy, from despair to hope," said Hillary Clinton. "In the last three years, the people of this country have been working to promote reform,

[img_assist|nid=511|title=|desc=|link=none|align=right|width=157|height=200]The United States and the international community must do more to prevent mismanagement and corruption in developing countries newly enriched by oil export revenues, according to a new Senate Foreign Relations Committee staff report